Chipotle Mexican Grill (LTS:0HXW) Short-Term Capital Lease Obligation : $254 Mil (As of Mar. 2024)

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What is Chipotle Mexican Grill Short-Term Capital Lease Obligation?

Chipotle Mexican Grill's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $254 Mil.

Chipotle Mexican Grill's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($245 Mil) to Dec. 2023 ($248 Mil) and increased from Dec. 2023 ($248 Mil) to Mar. 2024 ($254 Mil).

Chipotle Mexican Grill's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($219 Mil) to Dec. 2022 ($236 Mil) and increased from Dec. 2022 ($236 Mil) to Dec. 2023 ($248 Mil).

Chipotle Mexican Grill Short-Term Capital Lease Obligation Historical Data

The historical data trend for Chipotle Mexican Grill's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chipotle Mexican Grill Short-Term Capital Lease Obligation Chart

Chipotle Mexican Grill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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173.14

204.76

218.71

236.25

248.07

Chipotle Mexican Grill Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															239.03	244.06	244.99	248.07	254.14

Chipotle Mexican Grill Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Chipotle Mexican Grill Short-Term Capital Lease Obligation Related Terms

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Chipotle Mexican Grill (LTS:0HXW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (LTS:0HXW) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CMG:USA CMG:Mexico C1MG34:Brazil

Address

610 Newport Center Drive, Suite 1100, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

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